By: Jennifer Sieg

SME Correspondent Jennifer Sieg is an SME correspondent and editor of Ambition A.M., CityAM's weekly newsletter for all things entrepreneurship. She is also the host of Founder Favourites podcast, interviewing some of the UK's most interesting and up-and-coming founders. Email: [email protected]

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Current parliament will mark permanent shift to higher tax economy, says IFS

September 29, 2023

The current parliament marks a "decisive and permanent shift" to a higher-tax economy, experts at the Institute for Fiscal Studies said.
Fintech platform Apron raises £12.2m in latest funding round

September 28, 2023

Fintech firm Apron, a payments and accounting platform for small businesses, has raised $15m (£12.2m) in its latest funding round.
Perenna raises £42.7m in latest funding round

September 28, 2023

Another $52m (£42.7m) in funding has been raised for new British lender Perenna. The latest funding was led by Perenna’s strategic investor, Silverstripe Investment Management, among others, and is only part of its $90m grand funding total since 2020. The bank is one of a kind to the UK market given that it does not [...]
Isle of Man’s Outlier Rum holds ‘not-so-tropical island’ takeover in Islington bar

September 27, 2023

The Isle of Man may not be the first island that comes to mind when you think of rum, but local entrepreneurs Rick Dacey and Ian Warborn-Jones are breaking the “perception” that the liqueur is only produced in tropical climates. Outlier Distilling Company is based out of an old milking shed at Ballakelly Farm in [...]
EY hands back £15m to Santander over ‘poor’ work on financial crime defences

September 26, 2023

EY agreed to terminate a contract with Santander's UK business after its anti-financial crime work for the bank was deemed to be insufficient, according to a report.
Glencore’s deal to buy Russian copper flags country’s grip on key commodities

September 26, 2023

Global commodity trading giant Glencore purchased thousands of tonnes of Russian copper that were traded through Turkey to Italy in July.
Workplace absences at highest level in a decade

September 26, 2023

Absences within the workplace are the highest they've been in a decade, according to a new report released today.
Underground London: top secret spy tunnels destined to become a tourist sensation

September 25, 2023

Deep below the capital’s streets, the secret wartime spy HQ that inspired the deadly gadget-making Q Branch in the James Bond novels could soon be a premier London tourist attraction. Some 30 metres below High Holborn, the Kingsway Exchange Tunnels played host to the Special Operations Executive, an MI6 offshoot, during the second world war [...]
Canada: how Square Mile workers put in the most hours

September 25, 2023

Workers in Canada are putting in the most hours in the capital and the country, with almost a third working more than 49 hours, according to a new survey. And that proportion of City people working long hours is three times the average for England — 31.9 per cent in the Square [...]
Airbus to expand UK workforce by 10 per cent in vote of confidence for aviation

September 25, 2023

Airbus has announced plans to create another 1,100 jobs, in "a huge vote of confidence" for the UK economy.

Heathrow’s profit heads south despite record passenger numbers amid long wait for third runway

An England World Cup isn’t just football – it is money, politics and a nation’s bad habits

Bowls Club is the City’s most eccentric (and brilliant) pop-up

By: Jennifer Sieg

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